| Subject: | [socialcredit] moderated message | | Date: | Friday, June 9, 2006 06:39:03 (-0700) | | From: | MODERATOR <socredus @.....com>
|
I have declined to forward this message to
socialcredit@elistas.com subscribers, nor allow it to
be included within its archives in its present form.
I invite you to resubmit it with citation to
verifiable sources for these two assertions:
1. That US home equity is "lower than it's been in
decades"; and
2. That for Taiwan the percentage is "80%" and there
people "pay with cash, they don't borrow."
Moderator
-----------------moderated message--------------------
Subject: Re: [socialcredit] Re: Neo-Georgism--Replying
to Chris Cook
Date: Thursday, June 8, 2006 17:34:19 (-0700)
From: Jeffery J. Smith <jjs@geonomics.org>
On Jun 6, 2006, at 7:33 AM, William B. Ryan wrote:
>
> "Home ownership in the western world is at 70%."
More precisely, that's both people paying off
mortgages and people who already have. However,
overall in the US, home equity - which is really land
equity, and which is really a social value, not an
individual one - is lower than it's been in decades.
In Taiwan, the percent is 80% and there people pay
with cash, they don't borrow.
SMITH, Jeffery J.
President, Forum on Geonomics
jjs@geonomics.org; www.geonomics.org
Share Earth's worth to prosper and conserve.
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